I am still not sure what you want. Are you saying you will have some 2D text (on what kind of back ground if any). Then a stream of liquid is flowing.
Q: Is flowing liquid able to cross the boundaries of the text, or is it all appearing withing the text.
Q: You say "eventually deforming". What is the liquid doing before it deforms.? Is it deforming to fill in the text?
Q: You say "other parts are supposed to be faded". Do you mean that the text gets filled in and fades away so that only the liquid remains (in the shape of the original letters?
Q: Can you tell it's still liquid when the lettes are filled in, or is it a solid color (same color as syrup).
Your subject line says "Paint Fade". Are you simply trying to get colors/textures to change on an object? If so let me know and I can just answer that question, without having to know your specifics.
Thanks,
Urp